{ "ticker": { "uuid": "90e4488a-43b1-4c54-b818-c0fd563d2eae", "symbol": "FLTW", "name": "FRANKLIN TEMPLETON ETF TR FTSE TAIWAN ETF", "exchange": "NYSEARCA", "country": "US", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "SPY", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 39.511, "architecture_energy": 24.103, "architecture_maturity": 73.806, "architecture_confidence": 92.296, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 38.4, "rotation_up": 27.15, "upward_expansion": 58.38, "deceleration": 88.31, "rotation_down": 29.6, "downward_expansion": 19.71 }, "activity_lines": [ 95.991333, 97.795639, 95.943313, 90.669797 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 99.02, "trend_reference": 83.555466, "distance_from_trend": 0.185081, "trend_direction": "Improving", "fair_value": 53.064414, "distance_from_fair_value": 0.866034, "fair_value_direction": "Weakening", "relative_strength": 22.532008, "relative_strength_direction": "Weakening", "price_momentum": 0.467615, "excess_performance": 0.34199, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.185081, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.185003, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.866034, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.075071, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.22532, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.139498, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.467615, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.911277, "read": "Supply-led" } ], "volume": { "latest": 2022084, "relative_activity": 0.742791, "balance": 0.911277, "dry_up": 1.133739, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.083308, "annualized_volatility": 0.359903, "from_high_reference": -0.100776, "from_low_reference": 0.917196 }, "levels": { "trend_reference": 83.555466, "fair_value_reference": 53.064414, "structural_low": 65.55, "invalidation": "A 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67.131892, "energy": 65.715395, "activity_lines": [ 101.545083, 98.25909, 89.656998, 83.75459 ] }, { "date": "2026-07-03", "close": 101.16, "volume": 326741, "typical_volume": 2490806.9, "trend": 77.582676, "fair_value": 51.132346, "relative_strength": 35.438799, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.308662, "energy": 64.326859, "activity_lines": [ 101.66601, 99.372108, 91.401455, 85.365079 ] }, { "date": "2026-07-10", "close": 102.9, "volume": 2490046, "typical_volume": 2506045.15, "trend": 79.058132, "fair_value": 51.553864, "relative_strength": 34.559853, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.727472, "energy": 62.940791, "activity_lines": [ 102.308623, 100.492309, 93.165722, 86.998454 ] }, { "date": "2026-07-17", "close": 93.67, "volume": 1836633, "typical_volume": 2425302.7, "trend": 80.209132, "fair_value": 51.921853, "relative_strength": 23.449355, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.312759, "energy": 42.919705, "activity_lines": [ 99.393488, 99.637974, 93.902894, 87.941156 ] }, { "date": "2026-07-24", "close": 94.23, "volume": 5992069, "typical_volume": 2629028.15, "trend": 81.338799, "fair_value": 52.286779, "relative_strength": 23.896219, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.697678, "energy": 33.149061, "activity_lines": [ 97.128, 98.873614, 94.596399, 88.845728 ] }, { "date": "2026-07-31", "close": 92.96, "volume": 2494624, "typical_volume": 2664970.6, "trend": 82.368132, "fair_value": 52.653518, "relative_strength": 20.012633, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.621388, "energy": 21.936306, "activity_lines": [ 95.312667, 97.772114, 95.041237, 89.595483 ] }, { "date": "2026-08-07", "close": 99.02, "volume": 2022084, "typical_volume": 2722277.4, "trend": 83.555466, "fair_value": 53.064414, "relative_strength": 22.532008, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.510967, "energy": 24.103442, "activity_lines": [ 95.991333, 97.795639, 95.943313, 90.669797 ] } ], "method": { "price_basis": "completed market observations", "trend": "Trend provides the primary directional reference.", "fair_value": "Fair Value provides long-term price context and is not a forecast or target.", "relative_strength": "Relative Strength shows leadership or lagging performance against the market benchmark.", "classification": "The SM framework combines Trend, Activity, Fair Value, Relative Strength and participation into a structural read." } } }